. >> have a great saturday and join us in the after the show, show. >> the east coast just dodging a bullet, but the nation is not. because the cat 5 storm is headed this way. brace yourself, it could get ugly. >> welcome everyone, i'm stuart varney we're live for the next two hours because the stakes are so high. for your jobs, your money, and your taxes. it's got the president working overtime this labor day weekend, as democrats scramble to keep their jobs. that's coming up in a moment. but first, the very latest. the president today defending his jobs record, saying his policies have stopped the bleeding. but have they? 814 billion dollars later, 283,000 jobs lost over the president's recovery summit. big labor gearing up for its jobs powwow on the heels of union boss richard trumka, saying that deficits do not matter. and an interparty democrat revolt is growing. the head of the dnc, tim kaine will be heading the campaign with the leaders of one of the devolt and connolly wants tax cuts extended for everybody, middle class, upper income earners and most of his party does not want that.